Last Action | signed by Governor (Acts ch. 111) |
---|---|
Title | AN ACT relating to pension plans for second class cities. |
Bill Documents |
Bill
|
Bill Request Number | 1933 |
Sponsors | T. Thompson, J. Glenn |
Summary of Original Version | Amend KRS 95.859 to authorize cities of a second class to provide a cost of living adjustment to members of their closed Policemen's and Firefighters' Retirement Fund not to exceed the annual average increase in the Consumer Price Index or five percent; require approval by the city's legislative body for each cost of living adjustment provided and allow the city to repeal, suspend, or reduce any cost of living approved by the city as the city deems necessary; amend KRS 95.872 to conform. |
Index Headings of Original Version |
Public Officers and Employees - Retirement, authorize 2nd class cities to grant COLAs to retirees of closed pension plans Retirement and Pensions - Policemen's and Firefighters' Retirement Fund, allow 2nd class cities to grant COLAs to retirees Cities, Second Class - Retirement, authorize city to grant COLAs to retirees of closed police and fire pension plans |
Proposed Amendments |
House Committee Substitute 1 Senate Committee Substitute 1 |
Votes | Vote History |
02/28/12 |
|
---|---|
02/29/12 |
|
03/02/12 |
|
03/14/12 |
|
03/15/12 |
|
03/19/12 |
|
03/20/12 |
|
03/21/12 |
|
03/22/12 |
|
03/28/12 |
|
03/29/12 |
|
03/30/12 |
|
04/11/12 |
|
Amendment | House Committee Substitute 1 |
---|---|
Summary | Retain original provisions; amend KRS 95.859 to clarify determination of cost of living adjustment increase. |
Index Headings |
Public Officers and Employees - Retirement, authorize 2nd class cities to grant COLAs to retirees of closed pension plans Retirement and Pensions - Policemen's and Firefighters' Retirement Fund, allow 2nd class cities to grant COLAs to retirees Cities, Second Class - Retirement, authorize city to grant COLAs to retirees of closed police and fire pension plans |
Amendment | Senate Committee Substitute 1 |
---|---|
Summary | Retain original provisions; make technical corrections. |
Index Headings |
Public Officers and Employees - Retirement, authorize 2nd class cities to grant COLAs to retirees of closed pension plans Retirement and Pensions - Policemen's and Firefighters' Retirement Fund, allow 2nd class cities to grant COLAs to retirees Cities, Second Class - Retirement, authorize city to grant COLAs to retirees of closed police and fire pension plans |
Last updated: 8/27/2019 8:05 PM (EDT)